Skip to main content

About your Search

20130204
20130212
Search Results 0 to 0 of about 1
. and it's just too much. >> host: all right, june. let's listen to what nancy pelosi had to say. she was on the sunday talk shows yesterday, and here's what she had to say on this issue of a spending problem in washington. >> so it is almost a false argument to say we have a spending problem. we have a budget deficit problem that we have to address. right now we have low interest on the national debt, and a good time for us the to act to lower that deficit. we think the deficit and the national debt are at immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt, and that's 15%. that's a large percentage of the budget. it's lower now because of the lower interest rate. >> host: so on this debate, spending cuts versus tax increases, here's what the washington times writes in their editorial: as mr. thornton points out, the rel break from fiscal prudent happens inside 1970s between 1970 and 2007. spending jumped to an average of close to 21% of gdp while revenues rose to around 18% of gdp. >> host: social security, medicare and medicai
Search Results 0 to 0 of about 1